Mortgage rates reduced by Nationwide
Nationwide has announced it is to reduce rates on selected mortgage products by up to 0.20 per cent.
The average cut will be 0.15 per cent and the changes have been made to improve the competitiveness of the organisation's remortgage range.
Included in the new suite will be a two-year fixed-rate offer reduced by 0.19 per cent, which is available at 3.39 per cent up to 70 per cent loan-to-value (LTV) and a three-year fixed-rate option cut by 0.09 per cent at 4.09 per cent up to 70 per cent LTV.
Divisional director for mortgages and general insurance at Nationwide Andy McQueen described the move as great news for those wanting to remortgage.
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